The opening Super Bowl 2021 odds show that the defending champion Kansas City Chiefs are favored and the NFC champion San Francisco 49ers near the top. The same holds true for the Baltimore Ravens, who went 14-2 in the 2019 NFL regular season and finished with the best regular season record. All of those teams have returned their teams intact and have started out as the top three favorites to win the 2021 Super Bowl.
Odds to Win the 2021 Super Bowl
Here are the current odds to win the Super Bowl – Updated: 10/11/2020
|Win Super Bowl LV||Odds|
|Kansas City Chiefs||+350|
|Green Bay Packers||+850|
|New Orleans Saints||+1200|
|Tampa Bay Buccaneers||+1600|
|Los Angeles Rams||+2000|
|San Francisco 49ers||+2500|
|New England Patriots||+3500|
|Las Vegas Raiders||+8000|
|Los Angeles Chargers||+15000|
|New York Giants||+50000|
|New York Jets||+200000|
Super Bowl 55 Favorites
- Jan 26: The Super Bowl matchup is set. The Kansas City Chiefs, who have long been favored to win the Super Bowl (since the odds opened) are now facing the Tampa Bay Buccaneers. The Patrick Mahomes-Tom Brady matchup is the best possible outcome for the NFL.
- Jan 18: Three of the four favorites won in the Divisional Round but the big surprise was the Tampa Bay Buccaneers (+3) winning at New Orleans. The Saints had stomped the Bucs in the first two meetings.
- Jan 11: The biggest surprise of Wild Card Weekend was the Pittsburgh Steelers getting walloped 48-37 by the Cleveland Browns. The Steelers closed as a seven-point favorite.
- Jan 4: The playoffs are set. As a reminder, this year there are 14 teams in the playoffs (seven from each conference) and only one bye. The Chiefs and Packers get the No. 1 seeds and the byes, and are the current favorites to meet in the Super Bowl.
- Dec 31: The Packers are a win away from clinching the top seed in the NFC. Their odds have shortened all the way down to +475.
- Dec 23: The Chiefs odds have shortened to just +175 to win the Super Bowl after beating the New Orleans Saints. Meanwhile, the Saints have lost two in a row and are now at +750.
- Dec 16: The Pittsburgh Steelers have fallen in back-to-back weeks, which has now lengthened their odds and shortened the Chiefs' odds.
- Dec 9: With the Steelers losing, their odds to win the Super Bowl have slipped. The Kansas City Chiefs remain the favorites.
- Nov 16: The Pittsburgh Steelers improve to 9-0 and remain as the lone undefeated team in the NFL.
- Nov 2nd: The New England Patriots continue to fade, falling to 2-5 while riding a four-game losing streak.
- Oct 5: The Philadelphia Eagles drop big-time after injuries wreak havoc on their offensive line and they lose ugly in Week 1.
- Sep 7: Dwindling confidence in Belichick and Cam Newton diminish the Patriots' Super Bowl odds to +2200. Faith in KC and Baltimore remain steady.
- Aug 6: The NFL opt-out deadline passes as key players like Dont'a Hightower (New England), Laurent Duvernay-Tardif (Kansas City), Damien Williams (Kansas City) and Eddie Goldman (Chicago) decide not to play.
- Jun 27: The NFL cancels the 2020 preseason.
- Jun 1: After a little bit of back-and-forth, the Chiefs are now back in front as Super Bowl favorites. Saints maintain spot after Brees' ‘flag' comments.
- May 1: For the first time this offseason, the Kansas City Chiefs are no longer favorites to win Super Bowl LV as Baltimore moves into the favorite role at +700.
- Apr 27: The 2020 NFL Draft has come to a conclusion; Cowboys see biggest boost from +2800 to +1800.
- Apr 21: Gronkowski has come out of retirement to join Brady at the Buccaneers.
- Mar 30: Tom Brady officially signs a contract with the Buccaneers.
- Mar 18: Tom Brady says he will sign with the Buccaneers.
Where Can I Watch/Stream The Super Bowl
The next Super Bowl – Super Bowl LV – will be played in Tampa, Florida, and is scheduled for February of 2021. An interesting twist occurred in the TV rights arrangement for this Super Bowl. NBC broadcast Super Bowl LII in 2018. CBS had Super Bowl LIII in 2019. FOX just carried Super Bowl LIV in 2020. Therefore, NBC was in line to broadcast this next Super Bowl in 2021.
However, because NBC has the Winter Olympic Games in February of 2022, NBC decided to trade this game to CBS. NBC will televise Super Bowl LVI in February of 2022 so that it can heavily promote the Winter Olympics and deliver more value to its advertisers. CBS will get the Super Bowl in 2021, so that is where you can watch the Super Bowl on American television. You can stream at cbssports.com.
How Do Teams Qualify For The Super Bowl?
The 32-team NFL has a 12-team playoff setup. Six teams in each conference, AFC and NFC, compete for the conference championship and a spot in the Super Bowl. The top two teams in each conference get a first-round bye and host second-round playoff games. The four wild card teams play in the first round. The winners travel to the sites of the second-round playoff teams who earned first-round byes.
The second-round games, also referred to as divisional round games, create the two teams which will play in the conference championship games. The higher-seeded team hosts that game. The winners go to the Super Bowl, which is played at a pre-determined neutral site.
Under the new collective bargaining agreement, the NFL will soon move to a new format with 14 playoff teams, seven in each conference. Under that new format, there will be only one team with a first-round bye, not two. There will be six wild-card games instead of four on the first weekend of the playoffs.
This will place more of a premium on being the one team in each conference which gets that single bye, all while six other playoff teams play on the first weekend in the wild card round. This past season, the Baltimore Ravens and San Francisco 49ers would have gained the first-round bye.
Super Bowl History
The Super Bowl began in humble circumstances in January of 1967. It was called the “AFL-NFL World Championship Game” of professional football, and its initial edition in Los Angeles was played before a crowd at the Los Angeles Memorial Coliseum which was only two-thirds of capacity; there were at least 25,000 empty seats for the game between the AFL champion Kansas City Chiefs and the NFL champion Green Bay Packers.
The fact that the Packers, coached by Vince Lombardi, won that game led the NFL to create the Vince Lombardi Trophy. Lombardi and the Packers won the second AFL-NFL World Championship Game in 1968, and then, in 1969, the seeds of a tradition had been planted. The “Super Bowl” name was part of NBC television’s broadcast for the 1969 game between the New York Jets and the Baltimore Colts.
When the Jets, 18-point underdogs, scored one of the most massive upsets in sports history, the Super Bowl really began to take off. It steadily grew in stature and television exposure through the 1970s. In 1977, the movie “Black Sunday” involved a plot which included a recreation of Super Bowl X the year before in 1976.
The Super Bowl became a part of popular culture which in many ways exceeded the game itself. TV networks tried to launch new shows right after the Super Bowl. Commercials aired during the Super Bowl became national conversation pieces.
Super Bowl Odds FAQ
The Super Bowl odds show that the Kansas City Chiefs are at +650, Baltimore Ravens at +700, San Francisco 49ers at +110, New Orleans Saints at +1500 and Tampa Bay Buccaneers at +1600.
The Chiefs have opened up at +650 to win Super Bowl LV. They opened as the favorites as their odds were shorter than any other team.
The Kansas City Chiefs have opened up as the favorites to win the 2021 Super Bowl. They opened at +650 to win Super Bowl LV.